Is Pine Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pine Hills has remained a Seller's Market.
Housing Prices in Pine Hills, FL
How much do homes in Pine Hills, FL cost?
Median Sold Price
$299,294
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pine Hills was $299,294 in May 2024, up 9.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $79K | $107.5K | +36.1% |
2 Bedrooms | $160.3K | $140K | -12.7% |
3 Bedrooms | $265.6K | $292.1K | +10.0% |
4 Bedrooms | $310K | $342K | +10.3% |
5+ Bedrooms | $360K | $330K | -8.3% |
Summary: Pine Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.1%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
Sylvan Hylands | $280K | $322.5K | +15.2% |
Pine Hills | $273.8K | $299.2K | +9.3% |
Housing Supply in Pine Hills, FL
How many homes are available in Pine Hills, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
198 | 168 | -15.2% |
Summary: The Pine Hills real estate market had 168 homes for sale in May 2024, a 15.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 14 | 8 | -42.9% |
3 Bedrooms | 127 | 105 | -17.3% |
4 Bedrooms | 50 | 50 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Pine Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 39 | -29.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Pine Hills in May 2024, down by 29.1% month-over-month. Of the 39 sold homes, 67% were sold under asking, 23% were sold at asking, and 10% were sold over asking.
Days on Market for Pine Hills, FL
How long does it take to sell a home in Pine Hills, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 40 Days | +23.8% |
Summary: Homes in Pine Hills had an average of 40 days on market in May 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 39 homes were sold in Pine Hills; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.